LISC is taking swift action in response to the coronavirus pandemic, to mitigate economic impact on residents in the hundreds of communities where we work. We are launching the LISC Rapid Relief and Resiliency Fund to assemble and deploy resources to our local partners, small businesses and residents who are being hit hardest. The Fund will deliver operating capital, emergency subsidies and IT support, as well as technical assistance, to keep our partners and their communities strong and functioning through this unprecedented situation.
Along with much of the world, we are closely monitoring the rapidly unfolding news of the COVID-19 pandemic. As ever, we are committed to meeting the needs of our partners and the communities we serve, and to supporting the wellbeing of our employees and the people and places where we live and work. Here are some of the things we are doing to respond to this unprecedented situation.
“It is time not only to invest more, but also invest differently, in the well-being of American workers, especially the significant pool of untapped talent that already exists,” said LISC CEO Maurice A. Jones and Citi EVP Ed Skyler in a joint op ed published in USA Today. They urge employers and nonprofits to look closely at the success of community-based Bridges to Career Opportunities programs as a model for helping unemployed and underemployed workers break down barriers to quality jobs, while helping businesses fill millions of open positions that they need for growth. Citi Foundation has partnered with LISC on a $10 million grant to fuel 40 Bridges programs across the country.
In celebration of Black History Month, the National Housing Conference is highlighting six Black leaders, including our president and CEO Maurice A. Jones, who are “making history today in housing policy, advocacy, research and community development.” The affordable housing organization gives props to Jones for his work forging economic opportunities and helping build resilient and inclusive communities as part of his “lifetime of service.”
In the first episode of 2020, Maurice speaks with LISC COO Annie Donovan about her journey before coming to LISC, lessons learned from community development finance and the continuous success of the CDFI model.